Business
How the CSL (ASX:CSL) share price weakness exposes its dividend strength
Anyone who has been watching the S&P/ASX 200 Index (ASX: XJO) over the past year or so (which is most of us, I’d wager) might have noticed the performance fo the CSL Limited (ASX: CSL) share price. Or lack of performance as one might more accurately describe it. Since reaching a new all-time high of over $336 back in February 2020, the CSL share price has fallen around 25%. Today (at the time of writing), CSL shares are sitting at $250.24 a share. That’s a similar level to what you could have bought at back in October 2019.
That’s something of a fall from grace for one of the ASX’s largest companies. Up until February 2020, it seemed as though CSL shares could go nowhere but up. In 2017, the company rose by roughly 40%. In…
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